Department of Revenue Vide Circular No. 27/01/2018- Central Tax dated January 05, 2018 has issued various FAQ’s for clarifying levibility of GST on accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal services etc.
In this Article, I will share some of the important points one should consider before making investment in any specific shares of the Company & you will yourself will become an expert where one would not need to ask any person – “Which Company should I Invest?” or “What amount of return I will get?” […]
The Goods and Services tax after its process of implementation have affected the businesses to a large extent in the filing of GST returns and other compliances within three months after it subsumes all central and state tax levies. The working capital block exporters will face the problem arena in which they need to pay for the Goods and Services tax in order to seek refunds.
On 29.12.2017, vide General Circular No. 16/2017, a Condonation of Delay Scheme, 2018 (CODS-2018/Scheme) has been introduced by MCA with a view to giving an opportunity to the defaulting companies to rectify the default and complete all their pending annual filings with the MCA.
Income from notice period pay is chargeable in the hands of ex-employer and deduction of the amount of notice period pay paid be made available to the employee as he has not effectively received that income.
At present income of minors included in the hands of parents is exempt to the extent of Rs.1,500/- for each minor. The average expenditure to meet cost of a minor’s education/health/living expenses which has gone up considerably in recent years, limit of Rs.1,500/- fixed is woefully inadequate.
Drop shipment is a supply chain management. In this type of transaction, the person, who generated and processed the sale, does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer or another retailer or wholesaler, who then ships the goods directly to the customer.
Details of Vendors seeking to provide E-seals to exporters as per requirement of Circulars 26/2017, 36/2017 , 37/2017, 41/2017, 44/2017 & 51/2017 of Customs as on date i.e. 5th January 2018 is as under:
As an NRI, are you completely satisfied in the way you have been planning for your retirement? In the case of NRIs, there are some crucial pointers that determine the success or failure of a retirement plan. Key to that is whether you are heading back to India and when. As an NRI, it becomes more important to have a dipstick of various possible investments for when you retire and/or return back home.
It is, therefore, proposed to introduce the Negotiable Instruments (Amendment) Bill, 2017 to provide, inter alia, for the following, namely:—(i) to insert a new section 143A in the said Act to provide that the Court trying an offence under section 138 may order the drawer of the cheque to pay interim compensation to the complainant, in a summary trial or a summons case
